Torqeedo begins construction on new HQ

Torqeedo recently celebrated the groundbreaking of its new headquarters and production facilities on June 30, 2021. The company will remain a tenant of the Air Tech Campus (ATC) Oberpfaffenhofen in the Munich metro area, where it has been located since 2012.

"We're incredibly pleased to be able to remain a part of the Air Tech Campus, where we have excellent infrastructure and proximity to many forward-thinking companies and organizations," Dr. Michael Rummel, managing director of Torqeedo, said. "We are dedicated to our employees and want to retain them, and we are also dedicated to remaining 'made in Germany'. Staying in our current campus while expanding our facilities is the best outcome possible."

The new headquarters project consists of just over 40,000 square feet of office space, with a mix of co-working spaces and on-site offices, plus more than 51,500 square feet of warehouse, production, and research and development area. Construction is expected to be completed in the first quarter of 2022.

"The new facilities will allow direct contact and exchange between various departments. On the production side, we are consolidating our three current manufacturing locations into one, so we look forward to increased capacity utilisation as personnel can be shifted between production lines. Additionally, we have room for growth and constantly quality-oriented processes," Dr. Ralf Plieninger, managing director of Torqeedo, said.

"Staying on the ATC allows us to deepen our relationships with climate-friendly mobility companies like Lilium and Dornier Seawings," Plieninger continued. "There are many possibilities for cooperation on topics like lithium-ion battery technology, electric motor development and advanced composite manufacturing."

The groundbreaking ceremony was attended by Bavaria's State Minister for Housing, Construction and Transport, Ms. Kerstin Schreyer. She said, "I'm very pleased that the world market leader and technological pioneer for electric motors for boats, Torqeedo GmbH, remains loyal to Bavaria and is investing in their new headquarters and production facilities in Oberpfaffenhofen. Innovative and eco-friendly technologies are crucial to achieving our ambitious climate targets in Europe. This holds true for all modes of transport. I am very glad that we have our own 'Silicon Valley' in Bavaria, and Oberpfaffenhofen offers a great ecosystem for technology leaders like Torqeedo. Let's work together on the future of mobility!"

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The event featured speeches by Torqeedo's Dr. Ralf Plieninger and Mr. Michael Wellenzohn, Executive Board Member, Sales, Marketing and Service, for DEUTZ Group, Torqeedo's parent company. Mr. Stefan Frey, the District Minister of Starnberg, Mr. Michael Kiessling, member of the Bundestag, and Prof. Dr. Christian Juckenack, for the Air Tech Campus Oberpfaffenhofen, also addressed the gathered crowd.

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